Topic: Public Finance
News
Oct. 4, 2013
SACRAMENTO – Moving to defend Governor Edmund G. Brown Jr.’s landmark package of pension reforms, the state of California today sued the U.S. Department of Labor for improperly denying federal grants to California public transit providers after it erroneously concluded that the pension reforms constrain workers’ collective bargaining rights.

“Bringing this lawsuit is just another step to ensure that our pension system is viable long into the future,” said Governor Brown.
News
Oct. 4, 2013
Four measures, part of a package of 18 business-friendly bills approved Friday, seek to ease the regulatory burden on developers of smartphone-based payment systems; reverse a retroactive tax hike on investors in small start-up companies, and create a "Made in California" program to help market innovative, locally manufactured consumer products.
News
Oct. 4, 2013
Two state legislators said this week they will introduce motions next January to boost tax incentives for film and television production, one of a handful of bills addressing runaway production.
News
Oct. 2, 2013
"The cost of financing California government with bonds is expected to consume 7.7% of the state's general fund tax revenue over the next year, according to a new report from the state Treasurer Bill Lockyer.

The total bill is pegged at $7.5 billion for principal and interest. That's a reduction from last year, when it totaled $8.6 billion and was 8.8% of revenue."
News
Oct. 1, 2013
A Texas-based conservative think tank, the National Center for Policy Analysis, has entered the debate by launching an interactive website that allows users to calculate the tax effects of moving from one state to another.
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